‘Spooked’: Beer giant loses billions in value over Bud Light backlash

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    from WND:

    ‘Thanks, Anheuser-Busch: I may not be able to feed my family’

    The conservative, pro-real-women backlash against Bud Light beer for embracing male-to-“female” transsexuality shows no sign of abating as the exploding boycott is severely harming Anheuser-Busch’s bottom line, and it was revealed a Harvard grad came up with the idea of using trans activist Dylan Mulvaney as a spokesman.

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    The stock price of Anheuser-Busch, maker of Bud Light, fell from $66.57 on April 3 — when Kid Rock put out his video shooting cases of Bud Light to protest the Mulvaney hiring — to $63.40 on April 12.

    Conservative advocate Matt Couch tweeted Wednesday: “Anheuser-Busch (Parent Company to Bud Light) Loses $4 Billion in Market Capitol Since March 31 -Go Woke Go Broke.”

    Fox News ran this headline Wednesday: “Anheuser-Busch sheds nearly $5 billion in value since Bud Light’s Dylan Mulvaney pact sparked outrage.” In the story, Beer Business Daily editor and publisher Harry Schuhmacher is quoted as reporting Anheuser-Busch distributors in rural areas are “spooked” over the Bud Light backlash.

    Read More @ WND.com